Downstream contract news

LyondellBasell has entered into an agreement to acquire a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) from Alujain Corp.

TDK Corp. has announced that its subsidiary, TDK Ventures Inc., has participated in INERATEC's Series B funding round.

A.P. Moller – Maersk, one of the founding members of the Green Fuels Alliance India, will take a seat on the steering committee as one of the representatives of the maritime industry for the conversations around green fuels.

NextChem’s subsidiary dedicated to plastic depolymerisation has been pre-selected for the grant agreement preparation related to the 'Innovation Fund 3rd call for Small Scale projects'.

Lummus Technology has announced an award from Saudi Ethylene and Polyethylene Co. (SEPC) for the design and supply of two Short Residence Time ethylene heaters.

Infinium and Mo Industrial Park have signed a Memorandum of Understanding (MoU) to develop Norway’s first advanced eFuels production facility.

InfluxData has announced that MAN Energy Solutions is using InfluxDB to drive real-time analytics across its connected equipment operations.

The Kamoa-Kakula Copper Complex (Kamoa-Kakula), a joint venture (JV) between Ivanhoe Mines, Zijin Mining Group and the government of the Democratic Republic of Congo (DRC), has partnered with Elessent Clean Technologies (Elessent).

ADNOC has taken a 10.1% equity stake in Storegga to become a lead investor in the UK-based company that focuses on the development of global carbon capture and storage (CCS) projects.

Stena RoRo has placed an order for another RoPax-class E-Flexer vessel from the Chinese shipyard, CMI Jinling (Weihai).